Results for: solar

October 1 2014

World Bank OKs Half-Billion Dollars to Fund Morocco Solar

The bank will partly finance the 350-megawatt Noor II and III plants near Ouarzazate in southern Morocco, it said in a statement. Of this, $400 million will come from the bank and $119 million from the Clean Technology Fund it administers.

October 1 2014

Japan May Apply Solar Brakes With Rate Overhaul, Yomiuri Reports

Under the current program, renewables producers qualify to sell their power at the fixed rate set at the time they win approval from the government. The rules may change so that solar developers will only be able to get the price at the time they begin producing power, which is typically lower, according to the newspaper, which didn’t say where it got the information.

September 30 2014

Solarpack Starts Operations in 25-Megawatt Solar Plant in Chile

The Pozo Almonte Solar farm in Tarapaca, Chile, will supply energy to mining company Dona Ines de Collahuasi, Solarpack said in a statement yesterday.

September 30 2014

LC Eletronica to Invest $82 Million to Build First Solar Plant

The Santa Rita do Sapucai-based company will start building the plant in Minas Gerais state next year, with manufacturing beginning at the end of 2016, Jesiel Chagas, LC Eletronica’s manager, said in a phone interview today.

September 30 2014

Pattern Signs Power-Purchase Deals for Wind and Solar Farms

The 100-megawatt Belle River project is the fifth Pattern Energy is building in Ontario with Samsung Electronics Co.’s renewables unit, the San Francisco-based developer said today in a statement. Samsung is planning to invest about $5 billion in clean energy in the province.

September 30 2014

Toshiba, Mitsui Complete 56MW Wind and Solar Plant in Japan

The Aichi prefecture plant, with 50 megawatts of solar capacity and 6 megawatts of wind, will start operations tomorrow, the companies said in a statement today.

September 29 2014

Utility Celesc Seeks Partners for Renewable Projects in Brazil

Celesc is giving companies interested in the joint ventures 30 days to present projects, the Florianopolis, Brazil-based company said on its website.

September 29 2014

McCrone: Green bonds – Where’s the beef?

Angus McCrone, Chief Editor Bloomberg New Energy Finance In the race for the Democratic Party nomination in the 1984 US Presidential election, Senator Gary Hart was the up-and-coming man: good-looking, bouffant-haired, cowboy boot wearing, and full of “new ideas”. His candidature was eventually punctured when his rival, Walter Mondale, borrowed a line from a Wendy’s […]

September 29 2014

Rooftop-Solar Provider Verengo Gets $15 Million in Equity Round

The Torrance, California-based company was seeking as much as $25 million, according to a filing with the U.S. Securities and Exchange Commission.

September 29 2014

PSEG to Spend $247 Million Through 2016 on Solar Power

The company’s Public Service Electric and Gas unit, which has 80 megawatts of solar power in service, is adding projects through its “Solar 4 All” program, designed to to put 125 megawatts into service, Fran Sullivan, a PSEG spokesman, said today in an interview. The program was approved in 2009.